22.02.2016 18:08:00

thyssenKrupp AG -- Moody's downgrades thyssenkrupp AG's ratings to Ba2; stable outlook

London, 22 February 2016 -- Moody's Investors Service has today downgraded Germany's largest steelmaker thyssenkrupp AG's corporate family rating (CFR) and probability of default rating (PDR) to Ba2 and Ba2-PD from Ba1 and Ba1-PD, respectively. Concurrently, the rating agency downgraded to Ba2 the rated debt (including provisional ratings) of thyssenkrupp AG and thyssenkrupp Finance Nederland B.V. The outlook on all ratings is stable.

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